E4-27A (similar to) Several years after reengineering its production process, Kane Corporation hired a new controller, Rachael Johnson (Click the icon to view additional information.) For the upcoming year, Kane's budgeted ABC manufacturing overhead allocation rates are as follows: Click the icon to view the additional data.) Question Help The number of parts is now a feasible allocation base because Kane recently installed a plantwide computer system. Kane produces two wheel models: Standard and Deluxe Budgeted data for the upcoming year are as follows: Click the icon to view the additional data.) Read the requirements More Info Requirement 1. Compute the total budgeted Kanec Total Budgeted Indir Budgeted Qui Activity Cost Allocatid Materials handling Machine setups Insertion of parts Finishing Total budgeted indirect cost She developed an ABC system very similar to the one used by Kane's chief rival. Part of the reason Johnson developed the ABC system was because Kane's profits had been declining even though the company had shifted its product mix toward the product that had appeared most profitable under the old system. Before adopting the new ABC system, the company had used a plantwide overhead rate based on direct labor hours that was developed years ago Print Done Enter any number in the edit fields and then click Check Answer. 3 parts remaining Clear All Final Check Several years after reengineering its production process, Kane Corporation hired a new controller, Rachael Johnson (Click the icon to view additional information.) For the upcoming year, Kane's budgeted ABC manufacturing overhead allocation rates are as follows: (Click the icon to view the additional data.) The number of parts is now a feasible allocation base because Kane recently installed plantwide computer system, Kane produces two wheel models: Standard and Deluxe Budgeted data for the upcoming year are as follows: (Click the icon to view the additional data.) Read the requirements Data Table Requirement 1. Compute the total budgeted me Kanec Total Budgeted Indire Budgeted Qua Activity Cost Allocatid Materials handling Machine setups Insertion of parts Finishing Total budgeted indirect cost Activity Allocation Base Materials handling .. Number of parts Machine setup ..... Number of setups Insertion of parts ... Number of parts Finishing . Finishing direct labor hours Activity Cost Allocation Rate $3.50 per part $450.00 per setup $30.00 per part $53.00 per hour Print Done Enter any number in the edit fields and then ter neck Answer parts 3 remaining Clear All Final Check Several years after reengineering its production process, Kane Corporation hired a new controller, Rachael Johnson (Click the icon to view additional information.) For the upcoming year, Kane's budgeted ABC manufacturing overhead allocation rates are as follows: Click the icon to view the additional data.) The number of parts is now a feasible allocation base because Kane recently installed a plantwide computer system. Kane produces two wheel models: Standard and Deluxe. Budgeted data for the upcoming year are as follows: Click the icon to view the additional data.) Read the requirements es.) Data Table Requirement 1. Compute the total budgeted manuta Kane Corpord Total Budgeted Indirect Ma Budgeted Quantity Activity Cost Allocation Bas Materials handling Machine setups Insertion of parts Finishing Total budgeted indirect cost 8.0 Standard Deluxe Parts per wheel 6.0 Setups per 1,000 wheels 10.0 10.0 Finishing direct labor hours per wheel 1.0 Total direct labor hours per wheel 2.7 3.3 The company's managers expect to produce 1,000 units of each model during the year. 3.0 Print Done Enter any number in the edit fields and then click 3 parts remaining Clear All Final Check Several years after reengineering its production process, Kane Corporation hired a new The number of parts is now a feasible allocation base because Kane recently installed a controller, Rachael Johnson plantwide computer system. Kane produces two wheel models: Standard and Deluxe Click the icon to view additional information.) Budgeted data for the upcoming year are as follows: Click the icon to view the additional data.) For the upcoming year, Kane's budgeted ABC manufacturing overhead allocation rates are as follows: Read the requirements Click the icon to view the additional data.) Requirement 1. Compute the total budgeted manufacturing overhead cost for the upcoming year. (Enter the rates to two decimal places.) Kane Corporation Total Budgeted Indirect Manufacturing Costs Budgeted Quantity of Activity Cost Total Budgeted Activity Cost Allocation Base Allocation Rate Indirect Cost Materials handling 14,000 $ 3.50 $ 49,000 Machine setups 20 450.00 9,000 Insertion of parts 14,000 30.00 420,000 Finishing 4,000 53.00 212.000 690,000 Total budgeted indirect cost Requirement 2. Compute the manufacturing overhead cost per wheel of each model using ABC. (Round the cost allocation base to three decimals and cost per wheel to the nearest cer Enter any number in the edit fields and then click Check Answer. 2 parts Clear All Final Check remaining Requirement 2. Compute the manufacturing overhead cost per wheel of each model using ABC. (Round the cost allocation base to three decimals and cost per wheel to the nearest cent.) Kane Corporation ABC Indirect Manufacturing Cost per Unit Cost Quantity of Cost Allocation Allocated Activity Activity Allocation Rate Base Used By: Cost Per Wheel Standard Deluxe Standard Deluxe Materials handling Machine setup Insertion of parts Finishing Total ABC allocated indirect cost Enter any number in the edit fields and then click Check Answer. 2 remaining Clear All Final Check